Facebook shares topped $38 in premarket trading Wednesday after finishing shy by four cents the day before. There is usually a bit of Wall Street technical-trading voodoo that happens around resistance levels — round numbers, moving-average highs, IPO prices (apparently), etc.

It looks like today’s the day Facebook can shake the monkey of its terrible post-IPO performance off its back. It’s worth considering that the stock is up 41% this year, with a lot of the gains fueled by last week’s head-turning earnings report, so a pullback after crossing $38 wouldn’t surprise.